Prime Minister Narendra Modi has described coal as “gold” for India’s journey toward Viksit Bharat 2047, underscoring its continued importance in powering economic growth. Highlighting record coal production in FY 2024-25, Modi noted that the sector is reinventing itself as a next-generation fuel, integrating with green technologies to support sustainable development.
Coal Sector Positioned as Growth Catalyst
Prime Minister Narendra Modi reaffirmed coal’s strategic importance in India’s development roadmap, calling it “gold” for the nation’s aspirations of becoming a developed economy by 2047. Sharing insights from Union Coal and Mines Minister G. Kishan Reddy’s article, Modi emphasized that coal will remain central to India’s energy mix while evolving alongside renewable technologies.
Key Highlights:
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Coal as Gold: Modi equated coal’s value to gold in driving India’s economic transformation.
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Record Output: India achieved its highest-ever coal production in FY 2024-25, strengthening energy security.
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Sector Reinvention: Coal is being repositioned as a next-generation fuel, integrating with green technologies.
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Policy Support: Government initiatives aim to balance energy needs with sustainability goals.
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Future Outlook: Coal will continue to play a pivotal role in India’s industrial growth and infrastructure expansion.
This statement underscores the government’s dual focus: leveraging coal for immediate energy needs while preparing for a greener, diversified energy future.
Sources: The Hans India, The Statesman, PM India Official Website